Property Details
A Premier Investment Offering Unparalleled Stability and Premium Returns
We are proud to present the exclusive opportunity to acquire the Amber Elite Apartment Complex, a superior Grade-A investment property in the heart of Edenburg. This strategically positioned, modern complex delivers a remarkable 9% net yield, backed by a single, rock-solid tenant: global tech giant Huawei Technologies.
Property Overview:
Asking Price: R229,000,000 (excl. VAT)
Net Yield: 9%
Total Units: 156 (62 x One-Bedroom, 94 x Two-Bedroom)
Total Gross Lettable Area (GLA): 10,164m²
Year Completed: 2017 (Modern, low-maintenance infrastructure)
Tenancy: Fully let to Huawei Technologies on fully serviced leases.
Key Investment Highlights:
Prime Strategic Location: Expertly positioned on Rivonia Road with immediate access to the Rivonia Shopping Centre, Sandton CBD, the N1 highway, and all major arterial routes. This ensures perpetual demand and unparalleled convenience.
Blue-Chip Tenant Security: The entire complex is fully occupied by Huawei Technologies, a Fortune 500 company and a world leader in telecommunications. This corporate lease provides exceptional rental income security and eliminates tenant management overhead.
Modern Infrastructure & Premium Facilities: Developed and completed in 2017, the property boasts modern finishes and requires minimal capital expenditure. The complex features a sophisticated lobby with a reception area, a fully-equipped gym, kitchen facilities, bathrooms, and dedicated offices.
Turnkey Investment with Guaranteed Yield: The "fully serviced lease" structure means the tenant is responsible for all operating costs, providing the owner with a predictable, hassle-free net income. This is a passive investment with an immediate and reliable 9% return.
Significant Scale & Value: With 156 units and over 10,000m² of GLA, this asset offers substantial scale in one of Johannesburg's most sought-after commercial nodes.
This is a rare chance to acquire a premium, institutional-grade investment property with a flawless tenant covenant and exceptional location. This offering is suited for a sophisticated investor, fund, or consortium seeking a stable, high-yielding asset in a liquid market.
Grab this unparalleled opportunity to add a premium, low-risk asset to your portfolio. Contact us today to arrange a confidential viewing and access the full investment proposal.